513 E 117 Street, Cleveland, OH 44108
- $259,000
- 8
- BD
- 4
- BA
- 4,000
- SqFt
- List Price
- $259,000
- Status
- ACTIVE
- Days on Market
- 132
- Price Change
- ▼ $20,000 1784873706
- MLS#
- 5195101
- Subtype
- Residential Income
- Year Built
- 1920
- Bedrooms
- 8
- Bathrooms
- 4
- Full Baths
- 4
- Living Area
- 4,000
- Acres
- 6000
- MLS Area Major
- Cleveland
Property Description
Welcome to 513 E 117th. Seller is looking for a quick close as the previous buyer disappeared at closing and has taken a 20k price cut to facilitate this. The property appraised for full value at its original listed price. This building is an investors dream. A complete rehab was just done on this brick building making the building virtually worry free. Currently all of the four units are occupied. All units are rented for $900 each with a gross rent of $3600 a month. The building has been totally remodeled and lead abated. New roof 2025, new glass block windows 2025, new electric service 2025 and new windows 2026 complete the exterior of this brick building. Inside new HVAC 2025, new hot water tanks 2025, new breaker boxes 2025, updated electric 2025, updated plumbing 2025, new flooring 2026, fresh paint 2026. The finishing touches are in the process of being done. This is a must add to real-estate portfolio.
Additional Information
- Taxes
- $2,569
- Heating
- Forced Air, Gas
- Air Conditioning
- None
- Stories
- 2
- Levels
- Two
- Roof
- Asphalt
- Parking Features
- On Street
- School District
- Cleveland Municipal - 1809
Listing Courtesy of: Blake J Alterman, blakealterman@millennialgrouprealestate.com With Key Realty
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